Weekend SUN Market Stronger. The increase in the market for Government Securities (SUN) over the weekend in the midst of the Ukraine-Russia conflict, regarding a ceasefire has not found a common ground. Markets had hoped for a chance to reach a resolution after Ukraine said it would not pursue NATO membership. Global commodity prices continued to be volatile, with WTI oil briefly touching USD 125/barrel before dropping again. From US economic data, the Payroll report for the February 2022 period recorded 678 thousand new jobs, while annual inflation returned to a new record high in the last 40 years at the level of 7.9%.
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